Insider Selling: Martin E. Plourd Sells 7,700 Shares of Community West Bancshares Stock (CWBC)
Community West Bancshares (NASDAQ:CWBC) CEO Martin E. Plourd unloaded 7,700 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $6.65, for a total transaction of $51,205.00. Following the sale, the chief executive officer now directly owns 29,300 shares in the company, valued at approximately $194,845. The transaction was disclosed in a filing with the SEC, which is available at this link.
Community West Bancshares (NASDAQ:CWBC) traded down 0.45% on Tuesday, hitting $6.66. The stock had a trading volume of 11,286 shares. Community West Bancshares has a 1-year low of $5.35 and a 1-year high of $8.30. The stock has a 50-day moving average of $6.64 and a 200-day moving average of $6.84. The company has a market cap of $54.6 million and a P/E ratio of 7.01.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Monday, August 4th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Thursday, July 31st.
Community West Bancshares (NASDAQ:CWBC) is a bank holding company.
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